股权分置改革对价理论与实务研究

股权分置改革的实质是一种强制性的制度变迁。在这一制度变迁过程中,通过对价弥补制度安排对参与方造成的损失并获取良好的整合效果是改革成败的关键所在。对价问题是股权分置改革的核心问题,研究并掌握对价相关理论与实务是保护投资者利益、促进证券市场稳定发展的重要途径,同时也是股权分置改革成败的关键。

Research on Consideration in Split-share Structure Reform and its Practice Problems

The substance of split-share structure reform is an imposed system innovation.During the process of this innovation,how to obtain fine renovation effect and to change the loss of participators through consideration becomes a key factor of the innovation.Consideration issue is the core matter of split-share structure reform.Researching and mastering relevant theory and practice of consideration is an important way to protect the investor benefit and promote the stable development of stock market,simultaneously also is the stockholder's rights minute sets at the reform success or failure key.